Table of Content

1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 DEFINITION 34
1.2.1 GENERAL INCLUSIONS & EXCLUSIONS 35
1.2.2 INCLUSIONS AND EXCLUSIONS AT THE OFFERING LEVEL 35
1.2.3 INCLUSIONS AND EXCLUSIONS AT THE END-USE APPLICATION LEVEL 35
1.3 STUDY SCOPE 36
1.3.1 MARKETS COVERED 36
FIGURE 1 SMART LIGHTING MARKET SEGMENTATION 36
1.3.2 GEOGRAPHIC ANALYSIS 36
1.3.3 YEARS CONSIDERED 37
1.4 CURRENCY 37
1.5 LIMITATIONS 37
1.6 STAKEHOLDERS 38
1.7 SUMMARY OF CHANGES 38
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 2 SMART LIGHTING MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 Key data from secondary sources 42
2.1.2 PRIMARY DATA 43
2.1.2.1 Key data from primary sources 43
2.1.2.2 Key participants in primary processes across the value chain of the smart lighting market 44
2.1.2.3 Breakdown of primary interviews 44
2.1.2.4 Key industry insights 45
2.1.3 SECONDARY AND PRIMARY RESEARCH 45
2.2 MARKET SIZE ESTIMATION 46
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY MARKET PLAYERS IN THE SMART LIGHTING MARKET 46
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN THE SMART LIGHTING MARKET 47
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) ?BOTTOM-UP ESTIMATION OF THE SMART LIGHTING MARKET, BY END-USE APPLICATION 47
?
2.2.1 BOTTOM-UP APPROACH 48
2.2.1.1 Approach for capturing the market size through the bottom-up analysis 48
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 48
2.2.2 TOP-DOWN APPROACH 49
2.2.2.1 Approach for capturing the market size through the top-down analysis 49
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 49
2.3 MARKET SHARE ESTIMATION 50
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 50
FIGURE 8 DATA TRIANGULATION 50
2.5 RISK ASSESSMENT 51
TABLE 1 RISK FACTOR ANALYSIS 51
2.6 RESEARCH ASSUMPTIONS AND LIMITATIONS 52
2.6.1 ASSUMPTIONS 52
2.6.2 LIMITATIONS 52
3 EXECUTIVE SUMMARY 53
FIGURE 9 COMPARISON OF SCENARIO-BASED IMPACT OF COVID-19 ON THE SMART LIGHTING MARKET 54
TABLE 2 COMPARISON TABLE FOR SCENARIO-BASED IMPACT OF COVID-19 ON THE SMART LIGHTING MARKET, 2017–2026 (USD MILLION) 54
3.1 SCENARIO ANALYSIS 55
3.1.1 REALISTIC SCENARIO (POST-COVID-19) 55
3.1.2 PESSIMISTIC SCENARIO (POST-COVID-19) 55
3.1.3 OPTIMISTIC SCENARIO (POST-COVID-19) 55
FIGURE 10 SERVICES SEGMENT TO REGISTER THE HIGHEST CAGR FROM 2021 TO 2026 56
FIGURE 11 LIGHT CONTROLS SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD 56
FIGURE 12 INDOOR SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD 57
FIGURE 13 SMART LIGHTING MARKET IN APAC TO EXHIBIT THE HIGHEST CAGR FROM 2021 TO 2026 58
4 PREMIUM INSIGHTS 59
4.1 BRIEF OVERVIEW OF THE SMART LIGHTING MARKET 59
FIGURE 14 GROWING ADOPTION OF SMART LIGHTING IN THE COMMERCIAL SEGMENT TO SUPPORT MARKET GROWTH 59
4.2 SMART LIGHTING MARKET IN APAC, BY OFFERING AND COUNTRY 60
FIGURE 15 HARDWARE SEGMENT AND CHINA TO ACCOUNT FOR THE LARGEST SHARES OF THE SMART LIGHTING MARKET IN APAC IN 2026 60
4.3 SMART LIGHTING MARKET, BY COUNTRY 60
FIGURE 16 SMART LIGHTING MARKET IN CHINA TO REGISTER THE HIGHEST CAGR FROM 2021 TO 2026 60
?
5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.2 MARKET DYNAMICS 61
FIGURE 17 SMART LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 61
5.2.1 DRIVERS 62
5.2.1.1 Ongoing and upcoming smart city projects in developing economies 62
5.2.1.2 Improved acceptance of standard protocols for lighting control systems 63
5.2.1.3 Introduction of new features such as data analytics and API event generation 63
5.2.1.4 Rising demand for IoT-enabled lighting fixtures and smart
lighting solutions 64
FIGURE 18 RISING DEMAND FOR SMART LIGHTING SOLUTIONS 64
5.2.1.5 Increasing use of LED lights and luminaires in outdoor lighting 65
FIGURE 19 SMART LIGHTING MARKET DRIVERS: IMPACT ANALYSIS 65
5.2.2 RESTRAINTS 66
5.2.2.1 High initial costs of smart lighting equipment and accessories 66
TABLE 3 INDICATIVE PRICES OF SMART LIGHTING EQUIPMENT 66
5.2.2.2 Security and reliability issues with IoT-based lighting systems 66
FIGURE 20 SMART LIGHTING MARKET RESTRAINTS: IMPACT ANALYSIS 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Growing smart office and smart retail trends 67
5.2.3.2 Geographical opportunities in APAC and RoW regions 67
5.2.3.3 Development of human-centric lighting solutions 68
5.2.3.4 Growing demand for PoE-based lighting solutions in commercial and healthcare applications 69
5.2.3.5 Rapid transition from traditional lighting to connected lighting solutions 69
FIGURE 21 SMART LIGHTING MARKET OPPORTUNITIES: IMPACT ANALYSIS 70
5.2.4 CHALLENGES 71
5.2.4.1 Disruption in the smart lighting supply chain due to COVID-19 71
5.2.4.2 Interoperability issues between different network components 71
FIGURE 22 SMART LIGHTING MARKET CHALLENGES: IMPACT ANALYSIS 71
5.3 VALUE CHAIN ANALYSIS 72
FIGURE 23 VALUE CHAIN ANALYSIS: SMART LIGHTING MARKET 72
5.4 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMART LIGHTING MARKET PLAYERS 74
FIGURE 24 REVENUE SHIFT IN THE SMART LIGHTING MARKET 74
5.5 MARKET MAP/MARKET ECOSYSTEM 74
TABLE 4 SMART LIGHTING MARKET: ECOSYSTEM 74
FIGURE 25 KEY PLAYERS IN THE SMART LIGHTING MARKET 76
5.6 KEY TECHNOLOGY TRENDS 76
FIGURE 26 SMART LIGHTING MARKET: LEADING TRENDS AMONG KEY MARKET PLAYERS 76
5.7 TECHNOLOGY ANALYSIS 77
5.7.1 POE LIGHTING AND WI-FI LIGHTING TECHNOLOGY 77
TABLE 5 COMPARISON OF POE LIGHTING AND WIRELESS LIGHTING TECHNOLOGY 77
5.8 PRICE TREND ANALYSIS 77
TABLE 6 INDICATIVE PRICES OF SMART SWITCHES, DIMMERS, AND CONTROLLERS 77
5.9 AVERAGE SELLING PRICE TREND 78
FIGURE 27 AVERAGE SELLING PRICE (ASP) TREND FOR SMART DIMMERS 78
5.10 CASE STUDY ANALYSIS 79
5.10.1 SMART LIGHTING IN OFFICES 79
TABLE 7 CREE LED LIGHTING AND CREE SMARTCAST TECHNOLOGY IN AVID SOLUTIONS OFFICES 79
5.10.2 SMART LIGHTING IN OFFICE SPACES 79
TABLE 8 OSRAM’S HUBSENSE EFFORTLESSLY TURNS AN EXISTING INSTALLATION INTO AN INTELLIGENT NEW LIGHT MANAGEMENT SYSTEM IN OFFICES 79
5.10.3 SMART LIGHTING FOR STATE-OF-THE-ART ARENA 80
TABLE 9 OSRAM’S DAYLIGHT-DEPENDENT CONTROL AND HUMAN-CENTRIC LIGHTING CREATED PERFECT TRAINING CONDITIONS IN AN INDOOR GYM 80
5.10.4 SMART LIGHTING FOR A LEARNING ENVIRONMENT 81
TABLE 10 SMART AND PERSONALIZED LEARNING ENVIRONMENT WITH PHILIPS CONNECTED LIGHTING 81
5.11 PATENT ANALYSIS 81
5.11.1 DOCUMENT TYPE 81
TABLE 11 PATENTS FILED 81
FIGURE 28 PATENTS FILED FROM 2011 TO 2020 82
5.11.2 PUBLICATION TREND 82
FIGURE 29 NO. OF PATENTS FILED EACH YEAR FROM 2011 TO 2020 82
5.11.3 JURISDICTION ANALYSIS 83
FIGURE 30 JURISDICTION ANALYSIS 83
5.11.4 TOP PATENT OWNERS 83
FIGURE 31 TOP 10 COMPANIES IN TERMS OF PATENT APPLICATIONS
FROM 2011 TO 2020 83
TABLE 12 TOP 20 PATENT OWNERS IN THE LAST 10 YEARS 84
5.12 TRADE ANALYSIS 85
FIGURE 32 COUNTRY-WISE EXPORT DATA FOR PRODUCTS CLASSIFIED UNDER HS CODE: 9405, 2016–2020 85
TABLE 13 EXPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS,
BY COUNTRY, 2016–2020 (USD THOUSAND) 85
FIGURE 33 COUNTRY-WISE IMPORT DATA FOR PRODUCTS CLASSIFIED UNDER
HS CODE: 9405, 2016–2020 86
TABLE 14 IMPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS,
BY COUNTRY, 2016–2020 (USD THOUSAND) 86
5.13 PORTER’S FIVE FORCES ANALYSIS 87
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 87
TABLE 15 PORTER’S FIVE FORCES ANALYSIS WITH THEIR IMPACT 87
?
5.13.1 THREAT OF NEW ENTRANTS 88
FIGURE 35 THREAT OF NEW ENTRANTS 88
5.13.2 THREAT OF SUBSTITUTES 89
FIGURE 36 THREAT OF SUBSTITUTES 89
5.13.3 BARGAINING POWER OF SUPPLIERS 90
FIGURE 37 BARGAINING POWER OF SUPPLIERS 90
5.13.4 BARGAINING POWER OF BUYERS 90
FIGURE 38 BARGAINING POWER OF BUYERS 90
5.13.5 DEGREE OF COMPETITIVE RIVALRY 91
FIGURE 39 COMPETITIVE RIVALRY 91
5.14 REGULATORY LANDSCAPE 92
TABLE 16 REGULATIONS: LIGHTING ECOSYSTEM 92
6 SMART LIGHTING MARKET, BY INSTALLATION TYPE 93
6.1 INTRODUCTION 94
FIGURE 40 SMART LIGHTING MARKET, BY INSTALLATION TYPE 94
FIGURE 41 NEW INSTALLATIONS TO HOLD A LARGER MARKET SIZE DURING THE FORECAST PERIOD 94
TABLE 17 SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2017–2020 (USD MILLION) 95
TABLE 18 SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2021–2026 (USD MILLION) 95
6.2 NEW INSTALLATIONS 95
6.2.1 NEW INSTALLATIONS EXPECTED TO DOMINATE THE SMART LIGHTING MARKET DURING THE FORECAST PERIOD 95
TABLE 19 SMART LIGHTING MARKET FOR NEW INSTALLATIONS, BY REGION,
2017–2020 (USD MILLION) 96
TABLE 20 SMART LIGHTING MARKET FOR NEW INSTALLATIONS, BY REGION,
2021–2026 (USD MILLION) 96
6.3 RETROFIT INSTALLATIONS 96
6.3.1 RETROFIT SMART LIGHTING MARKET TO WITNESS THE FASTEST GROWTH IN APAC DURING THE FORECAST PERIOD 96
TABLE 21 SMART LIGHTING MARKET FOR RETROFIT INSTALLATIONS, BY REGION, 2017–2020 (USD MILLION) 97
TABLE 22 SMART LIGHTING MARKET FOR RETROFIT INSTALLATIONS, BY REGION, 2021–2026 (USD MILLION) 97
7 SMART LIGHTING MARKET, BY OFFERING 98
7.1 INTRODUCTION 99
FIGURE 42 SMART LIGHTING MARKET SEGMENTATION, BY OFFERING 99
FIGURE 43 SERVICES SEGMENT TO ACCOUNT FOR THE HIGHEST CAGR DURING
THE FORECAST PERIOD 99
TABLE 23 SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION) 100
TABLE 24 SMART LIGHTING MARKET, BY OFFERING, 2021–2026 (USD MILLION) 100
?
7.2 HARDWARE 100
7.2.1 LIGHTS & LUMINAIRES TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD 100
TABLE 25 SMART LIGHTING MARKET FOR HARDWARE, BY REGION,
2017–2020 (USD MILLION) 101
TABLE 26 SMART LIGHTING MARKET FOR HARDWARE, BY REGION,
2021–2026 (USD MILLION) 101
TABLE 27 NORTH AMERICA: SMART LIGHTING MARKET FOR HARDWARE,
BY COUNTRY, 2017–2020 (USD MILLION) 101
TABLE 28 NORTH AMERICA: SMART LIGHTING MARKET FOR HARDWARE, BY COUNTRY, 2021–2026 (USD MILLION) 102
TABLE 29 EUROPE: SMART LIGHTING MARKET FOR HARDWARE, BY COUNTRY,
2017–2020 (USD MILLION) 102
TABLE 30 EUROPE: SMART LIGHTING MARKET FOR HARDWARE, BY COUNTRY,
2021–2026 (USD MILLION) 102
TABLE 31 APAC: SMART LIGHTING MARKET FOR HARDWARE, BY COUNTRY,
2017–2020 (USD MILLION) 103
TABLE 32 APAC: SMART LIGHTING MARKET FOR HARDWARE, BY COUNTRY,
2021–2026 (USD MILLION) 103
TABLE 33 ROW: SMART LIGHTING MARKET FOR HARDWARE, BY REGION,
2017–2020 (USD MILLION) 103
TABLE 34 ROW: SMART LIGHTING MARKET FOR HARDWARE, BY REGION,
2021–2026 (USD MILLION) 103
FIGURE 44 LIGHTS & LUMINAIRES SEGMENT TO ACCOUNT FOR A LARGER SHARE DURING THE FORECAST PERIOD 104
TABLE 35 SMART LIGHTING MARKET, BY HARDWARE, 2017–2020 (USD MILLION) 104
TABLE 36 SMART LIGHTING MARKET, BY HARDWARE, 2021–2026 (USD MILLION) 104
TABLE 37 SMART LIGHTING MARKET, BY HARDWARE, 2017–2020 (THOUSAND UNITS) 105
TABLE 38 SMART LIGHTING MARKET, BY HARDWARE, 2021–2026 (THOUSAND UNITS) 105
7.2.2 LIGHTS AND LUMINAIRES 105
7.2.2.1 Lights & luminaires are some of the most important components of smart lighting solutions 105
7.2.2.2 Smart Bulbs 105
7.2.2.3 Fixtures 106
7.2.3 LIGHTING CONTROLS 106
7.2.3.1 Lighting controls are expected to grow at a higher rate during the forecast period 106
TABLE 39 SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2017–2020 (USD MILLION) 106
TABLE 40 SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2021–2026 (USD MILLION) 107
7.2.3.2 LED Drivers and Ballasts 107
7.2.3.3 Sensors 108
7.2.3.4 Switches 108
?
7.2.3.5 Dimmers 109
7.2.3.5.1 Wired dimmers 109
7.2.3.5.2 Wireless dimmers 109
7.2.3.6 Relay units 110
7.2.3.7 Gateways 110
7.3 SOFTWARE 110
7.3.1 APAC IS EXPECTED TO RECORD THE HIGHEST CAGR DURING THE
FORECAST PERIOD 110
TABLE 41 SMART LIGHTING MARKET FOR SOFTWARE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 42 SMART LIGHTING MARKET FOR SOFTWARE, BY REGION,
2021–2026 (USD MILLION) 111
TABLE 43 NORTH AMERICA: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY, 2017–2020 (USD MILLION) 111
TABLE 44 NORTH AMERICA: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY, 2021–2026 (USD MILLION) 111
TABLE 45 EUROPE: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY,
2017–2020 (USD MILLION) 112
TABLE 46 EUROPE: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY,
2021–2026 (USD MILLION) 112
TABLE 47 APAC: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY,
2017–2020 (USD MILLION) 112
TABLE 48 APAC: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY,
2021–2026 (USD MILLION) 113
TABLE 49 ROW: SMART LIGHTING MARKET FOR SOFTWARE, BY REGION,
2017–2020 (USD MILLION) 113
TABLE 50 ROW: SMART LIGHTING MARKET FOR SOFTWARE, BY REGION,
2021–2026 (USD MILLION) 113
7.3.1.1 Local/Web-based software 113
7.3.1.2 Cloud-based software 114
7.4 SERVICES 114
7.4.1 POST-INSTALLATION SERVICES MARKET TO EXHIBIT HIGH GROWTH DURING THE FORECAST PERIOD 114
TABLE 51 SMART LIGHTING MARKET FOR SERVICES, BY REGION,
2017–2020 (USD MILLION) 114
TABLE 52 SMART LIGHTING MARKET FOR SERVICES, BY REGION,
2021–2026 (USD MILLION) 115
TABLE 53 NORTH AMERICA: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY, 2017–2020 (USD MILLION) 115
TABLE 54 NORTH AMERICA: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY, 2021–2026 (USD MILLION) 115
TABLE 55 EUROPE: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY,
2017–2020 (USD MILLION) 116
TABLE 56 EUROPE: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY,
2021–2026 (USD MILLION) 116
TABLE 57 APAC: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY,
2017–2020 (USD MILLION) 116
TABLE 58 APAC: SMART LIGHTING MARKET FOR SERVICES, BY COUNTRY,
2021–2026 (USD MILLION) 117
TABLE 59 ROW: SMART LIGHTING MARKET FOR SERVICES, BY REGION,
2017–2020 (USD MILLION) 117
TABLE 60 ROW: SMART LIGHTING MARKET FOR SERVICES, BY REGION,
2021–2026 (USD MILLION) 117
TABLE 61 SMART LIGHTING MARKET FOR SERVICES, BY SERVICE TYPE,
2017–2020 (USD MILLION) 117
TABLE 62 SMART LIGHTING MARKET FOR SERVICES, BY SERVICE TYPE,
2021–2026 (USD MILLION) 118
7.4.1.1 Pre-installation services 118
7.4.1.2 Post-installation services 118
8 SMART LIGHTING MARKET, BY END-USE APPLICATION 119
8.1 INTRODUCTION 120
FIGURE 45 SMART LIGHTING MARKET SEGMENTATION, BY END-USE APPLICATION 120
FIGURE 46 INDOOR APPLICATION TO HOLD A LARGER MARKET SHARE IN 2026 120
TABLE 63 SMART LIGHTING MARKET, BY END-USE APPLICATION,
2017–2020 (USD MILLION) 120
TABLE 64 SMART LIGHTING MARKET, BY END-USE APPLICATION,
2021–2026 (USD MILLION) 121
8.2 INDOOR 121
8.2.1 RESIDENTIAL APPLICATION TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 121
FIGURE 47 COMMERCIAL INDOOR APPLICATION TO HOLD THE LARGEST SHARE OF THE SMART LIGHTING MARKET DURING THE FORECAST PERIOD 121
TABLE 65 INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 122
TABLE 66 INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 122
TABLE 67 INDOOR SMART LIGHTING MARKET, BY REGION, 2017–2020 (USD MILLION) 122
TABLE 68 INDOOR SMART LIGHTING MARKET, BY REGION, 2021–2026 (USD MILLION) 123
8.2.2 COMMERCIAL 123
8.2.2.1 Retail 124
8.2.2.2 Hospitality 124
8.2.2.3 Office Lighting 124
8.2.3 INDUSTRIAL 125
8.2.4 RESIDENTIAL 125
8.2.5 OTHERS 126
8.3 OUTDOOR 126
8.3.1 HIGHWAYS & ROADWAYS TO ACCOUNT FOR A MAJOR SHARE OF THE OUTDOOR SMART LIGHTING MARKET DURING THE FORECAST PERIOD 126
FIGURE 48 HIGHWAYS & ROADWAYS LIGHTING TO HOLD THE LARGEST SHARE OF THE OUTDOOR SMART LIGHTING MARKET DURING THE FORECAST PERIOD 127
TABLE 69 OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 127
TABLE 70 OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 127
TABLE 71 OUTDOOR SMART LIGHTING MARKET, BY REGION,
2017–2020 (USD MILLION) 128
TABLE 72 OUTDOOR SMART LIGHTING MARKET, BY REGION,
2021–2026 (USD MILLION) 128
8.3.2 HIGHWAYS & ROADWAYS LIGHTING 128
8.3.2.1 Architectural lighting 129
8.3.2.2 Lighting for public places 129
9 SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY 130
9.1 INTRODUCTION 131
FIGURE 49 SMART LIGHTING MARKET SEGMENTATION, BY COMMUNICATION TECHNOLOGY 131
FIGURE 50 WIRED COMMUNICATION TECHNOLOGY TO DOMINATE THE SMART LIGHTING MARKET DURING THE FORECAST PERIOD 131
TABLE 73 SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY,
2017–2020 (USD MILLION) 132
TABLE 74 SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY,
2021–2026 (USD MILLION) 132
9.2 WIRED 132
9.2.1 POE PROTOCOL TO EXHIBIT THE FASTEST GROWTH IN THE SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD 132
FIGURE 51 DALI PROTOCOL TO HOLD THE LARGEST SHARE OF THE SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD 133
TABLE 75 SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY,
BY TYPE, 2017–2020 (USD MILLION) 133
TABLE 76 SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY,
BY TYPE, 2021–2026 (USD MILLION) 133
TABLE 77 WIRED SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY,
BY REGION, 2017–2020 (USD MILLION) 134
TABLE 78 WIRED SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY,
BY REGION, 2021–2026 (USD MILLION) 134
9.2.2 DALI 135
9.2.3 POWER OVER ETHERNET (POE) 135
FIGURE 52 TIMELINE OF POE-RELATED IEEE STANDARDS 136
TABLE 79 OVERVIEW OF POE PROTOCOLS 136
9.2.4 POWER LINE COMMUNICATIONS (PLC) 136
9.2.5 WIRED HYBRID PROTOCOLS 137
9.3 WIRELESS 137
9.3.1 ZIGBEE EXPECTED TO DOMINATE THE SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD 137
FIGURE 53 ZIGBEE PROTOCOL TO HOLD THE LARGEST SHARE OF THE SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD 138
TABLE 80 WIRELESS SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2017–2020 (USD MILLION) 138
TABLE 81 WIRELESS SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2021–2026 (USD MILLION) 138
TABLE 82 WIRELESS SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION) 139
TABLE 83 WIRELESS SMART LIGHTING MARKET FOR COMMUNICATION TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION) 139
9.3.2 ZIGBEE 139
9.3.3 WI-FI 140
9.3.4 BLE 141
9.3.5 ENOCEAN 141
9.3.6 6LOWPAN 142
9.3.7 WIRELESS HYBRID PROTOCOLS 142
10 SMART LIGHTING MARKET, BY GEOGRAPHIC ANALYSIS 143
10.1 INTRODUCTION 144
FIGURE 54 MARKET SEGMENTATION, BY GEOGRAPHY 144
FIGURE 55 SMART LIGHTING MARKET IN APAC TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026 144
TABLE 84 SMART LIGHTING MARKET, BY REGION, 2017–2020 (USD MILLION) 145
TABLE 85 SMART LIGHTING MARKET, BY REGION, 2021–2026 (USD MILLION) 145
10.2 NORTH AMERICA 145
FIGURE 56 SMART LIGHTING MARKET IN NORTH AMERICA 146
FIGURE 57 SMART LIGHTING MARKET SNAPSHOT: NORTH AMERICA 146
TABLE 86 NORTH AMERICA: SMART LIGHTING MARKET, BY COUNTRY,
2017–2020 (USD MILLION) 147
TABLE 87 NORTH AMERICA: SMART LIGHTING MARKET, BY COUNTRY,
2021–2026 (USD MILLION) 147
TABLE 88 NORTH AMERICA: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2017–2020 (USD MILLION) 147
TABLE 89 NORTH AMERICA: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2021–2026 (USD MILLION) 147
TABLE 90 NORTH AMERICA: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 148
TABLE 91 NORTH AMERICA: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 148
TABLE 92 NORTH AMERICA: SMART LIGHTING MARKET, BY HARDWARE,
2017–2020 (USD MILLION) 148
TABLE 93 NORTH AMERICA: SMART LIGHTING MARKET, BY HARDWARE,
2021–2026 (USD MILLION) 148
TABLE 94 NORTH AMERICA: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION) 149
TABLE 95 NORTH AMERICA: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION) 149
TABLE 96 NORTH AMERICA: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2017–2020 (USD MILLION) 149
TABLE 97 NORTH AMERICA: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2021–2026 (USD MILLION) 149
TABLE 98 NORTH AMERICA: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2017–2020 (USD MILLION) 150
TABLE 99 NORTH AMERICA: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 150
TABLE 100 NORTH AMERICA: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2017–2020 (USD MILLION) 150
TABLE 101 NORTH AMERICA: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 151
10.2.1 US 151
10.2.1.1 US accounted for the largest market share in North America 151
TABLE 102 US: SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION) 152
TABLE 103 US: SMART LIGHTING MARKET, BY OFFERING, 2021–2026 (USD MILLION) 152
10.2.2 CANADA 152
10.2.2.1 Rising technological awareness about applications and benefits offered by smart lighting to drive growth 152
TABLE 104 CANADA: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 153
TABLE 105 CANADA: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 153
10.2.3 MEXICO 153
10.2.3.1 Emerging technologies to boost the demand for smart lighting 153
TABLE 106 MEXICO: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 154
TABLE 107 MEXICO: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 154
10.3 EUROPE 154
FIGURE 58 SMART LIGHTING MARKET IN EUROPE 155
FIGURE 59 SMART LIGHTING MARKET SNAPSHOT: EUROPE 156
TABLE 108 EUROPE: SMART LIGHTING MARKET, BY COUNTRY,
2017–2020 (USD MILLION) 157
TABLE 109 EUROPE: SMART LIGHTING MARKET, BY COUNTRY,
2021–2026 (USD MILLION) 157
TABLE 110 EUROPE: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2017–2020 (USD MILLION) 157
TABLE 111 EUROPE: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2021–2026 (USD MILLION) 158
TABLE 112 EUROPE: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 158
TABLE 113 EUROPE: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 158
TABLE 114 EUROPE: SMART LIGHTING MARKET, BY HARDWARE,
2017–2020 (USD MILLION) 158
TABLE 115 EUROPE: SMART LIGHTING MARKET, BY HARDWARE,
2021–2026 (USD MILLION) 158
TABLE 116 EUROPE: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION) 159
TABLE 117 EUROPE: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION) 159
TABLE 118 EUROPE: SMART LIGHTING MARKET, BY END-USE APPLICATION,
2017–2020 (USD MILLION) 159
TABLE 119 EUROPE: SMART LIGHTING MARKET, BY END-USE APPLICATION,
2021–2026 (USD MILLION) 159
TABLE 120 EUROPE: INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 160
TABLE 121 EUROPE: INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 160
TABLE 122 EUROPE: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 160
TABLE 123 EUROPE: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 161
10.3.1 GERMANY 161
10.3.1.1 Germany dominates the European smart lighting market 161
TABLE 124 GERMANY: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 161
TABLE 125 GERMANY: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 162
10.3.2 FRANCE 162
10.3.2.1 Hardware segment of the smart lighting market to hold a major share in France during the forecast period 162
TABLE 126 FRANCE: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 162
TABLE 127 FRANCE: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 162
10.3.3 UK 163
10.3.3.1 Increased demand for green energy lighting solutions to drive the smart lighting market 163
TABLE 128 UK: SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION) 163
TABLE 129 UK: SMART LIGHTING MARKET, BY OFFERING, 2021–2026 (USD MILLION) 163
10.3.4 ITALY 164
10.3.4.1 Services segment to grow at the highest rate during the
forecast period 164
TABLE 130 ITALY: SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION) 164
TABLE 131 ITALY: SMART LIGHTING MARKET, BY OFFERING, 2021–2026 (USD MILLION) 164
10.3.5 SPAIN 164
10.3.5.1 Government regulations for reducing emissions drive the adoption of smart lighting systems in Spain 164
TABLE 132 SPAIN: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 165
TABLE 133 SPAIN: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 165
?
10.3.6 REST OF EUROPE 165
TABLE 134 REST OF EUROPE: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 166
TABLE 135 REST OF EUROPE: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 166
10.4 APAC 166
FIGURE 60 SMART LIGHTING MARKET IN APAC 167
FIGURE 61 SMART LIGHTING MARKET SNAPSHOT: APAC 167
TABLE 136 APAC: SMART LIGHTING MARKET, BY COUNTRY, 2017–2020 (USD MILLION) 168
TABLE 137 APAC: SMART LIGHTING MARKET, BY COUNTRY, 2021–2026 (USD MILLION) 168
TABLE 138 APAC: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2017–2020 (USD MILLION) 168
TABLE 139 APAC: SMART LIGHTING MARKET, BY INSTALLATION TYPE,
2021–2026 (USD MILLION) 169
TABLE 140 APAC: SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION) 169
TABLE 141 APAC: SMART LIGHTING MARKET, BY OFFERING, 2021–2026 (USD MILLION) 169
TABLE 142 APAC: SMART LIGHTING MARKET, BY HARDWARE,
2017–2020 (USD MILLION) 169
TABLE 143 APAC: SMART LIGHTING MARKET, BY HARDWARE,
2021–2026 (USD MILLION) 170
TABLE 144 APAC: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION) 170
TABLE 145 APAC: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION) 170
TABLE 146 APAC: SMART LIGHTING MARKET, BY END-USE APPLICATION,
2017–2020 (USD MILLION) 170
TABLE 147 APAC: SMART LIGHTING MARKET, BY END-USE APPLICATION,
2021–2026 (USD MILLION) 170
TABLE 148 APAC: INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 171
TABLE 149 APAC: INDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 171
TABLE 150 APAC: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 171
TABLE 151 APAC: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 171
10.4.1 CHINA 172
10.4.1.1 China held the largest share of the smart lighting market in
APAC in 2020 172
TABLE 152 CHINA: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 172
TABLE 153 CHINA: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 172
?
10.4.2 JAPAN 173
10.4.2.1 Japan’s top-notch infrastructural setup to boost the market growth 173
TABLE 154 JAPAN: SMART LIGHTING MARKET, BY OFFERING,
2017–2020 (USD MILLION) 173
TABLE 155 JAPAN: SMART LIGHTING MARKET, BY OFFERING,
2021–2026 (USD MILLION) 173
10.4.3 INDIA 174
10.4.3.1 Government init